Yousif Capital Management LLC Trims Stock Position in Hayward Holdings, Inc. (NYSE:HAYW)

Yousif Capital Management LLC cut its position in Hayward Holdings, Inc. (NYSE:HAYW) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,684 shares of the company’s stock after selling 874 shares during the quarter. Yousif Capital Management LLC’s holdings in Hayward were worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of HAYW. WCM Investment Management LLC grew its holdings in shares of Hayward by 2.2% during the third quarter. WCM Investment Management LLC now owns 2,041,398 shares of the company’s stock worth $31,152,000 after purchasing an additional 43,222 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Hayward by 8.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,232,773 shares of the company’s stock worth $34,260,000 after buying an additional 165,369 shares during the last quarter. State Street Corp raised its position in shares of Hayward by 8.5% during the 3rd quarter. State Street Corp now owns 4,355,277 shares of the company’s stock valued at $66,810,000 after buying an additional 341,424 shares in the last quarter. Principal Financial Group Inc. grew its position in Hayward by 7.2% in the third quarter. Principal Financial Group Inc. now owns 668,396 shares of the company’s stock worth $10,253,000 after acquiring an additional 44,978 shares in the last quarter. Finally, MSD Capital L P bought a new position in Hayward in the third quarter valued at $418,901,000.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on HAYW shares. The Goldman Sachs Group raised their price objective on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. KeyCorp restated a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Stifel Nicolaus raised shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price on the stock in a report on Wednesday, February 5th. Finally, Robert W. Baird boosted their price target on shares of Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th.

Insider Buying and Selling

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the sale, the chief executive officer now owns 522,799 shares in the company, valued at approximately $7,591,041.48. This trade represents a 8.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.25% of the stock is owned by insiders.

Hayward Trading Up 2.5 %

Shares of HAYW opened at $14.53 on Friday. The stock has a market capitalization of $3.13 billion, a P/E ratio of 34.58, a PEG ratio of 1.90 and a beta of 1.16. Hayward Holdings, Inc. has a twelve month low of $11.96 and a twelve month high of $16.87. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. The firm has a fifty day simple moving average of $15.09 and a two-hundred day simple moving average of $15.05.

About Hayward

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.